Natronix Semiconductor acquires 55.97% stake of SPEL Semiconductor

25 Mar 2014 Evaluate

Natronix Semiconductor Technology - Singapore (N-Sg) has acquired 2,58,11,207 equity shares of face value Rs 10 each constituting 55.97% of SPEL Semiconductor at price of Rs 7.62 per share from Southern Petrochemical Industries Corporation (SPIC). The board of directors of the company at its meeting held on March 24, 2014 has taken the note of it.

SPEL Semiconductor, established in 1988 is India’s first & only semiconductor IC assembly & test facility. It offers turnkey wafer sort, and IC assembly and test services, as well as failure analysis services.

SPEL Semiconductor Share Price

174.90 -5.25 (-2.91%)
23-Dec-2024 12:26 View Price Chart
Peers
Company Name CMP
Syrma SGS Technology 591.80
DCX Systems 327.15
Kaynes Technology 7206.00
Premier Energies 1309.65
Centrum Electronics 2116.15
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